Racing Memorabilia & Die Cast Auction

INTERNET BIDDING ONLY! 1. Full payment of purchase must be made on day of purchase. Terms are cash, certified check, personal check accompanied by irrevocable bank letter of credit, or credit card. Credit card purchases are subject to a service charge. Bank letters of credit will be retained by Col Glenn Larson, Inc. upon issuance of bidder pass. 2. All Bidders may be required to provide auctioneer with proof of means to pay for any purchases. 3. All vehicles and/or other merchandise are purchased "AS-IS" and are sold "WITHOUT WARRANTY OR GUARANTEE, EXPRESSED OR IMPLIED" The purchaser warrants that no representations, oral or written, have been made by Col. Glenn Larson, Inc. or any of its agents or employees regarding any vehicle or item sold at the auction by or through Col Glenn Larson, Inc. 4. All statements made by the auctioneer(s) and those statements printed in advertisements are believed to be correct, however, bidders are to examine all vehicles and other merchandise before bidding and to do so upon bidder's opinion and examination. 5. Col Glenn Larson, Inc. is not responsible for correctness of year, genuineness or any other description of any vehicles or merchandise purchased at auction. 6. All merchandise offered for sale is subject to a reserve price set by the seller unless otherwise stated. 7. Ownership of an item passes to bidder when Auctioneer says, "SOLD". At that time, the new owner assumes full responsibility of the item. 8. Auctioneer reserves the right to accept or reject any bid. Should any dispute in a bid arise, the Auctioneer will use his judgement and his decision will be final. 9. All merchandise is to be removed from the premises by the purchaser at his own expense on the day of the sale unless other arraignments are made the day of the sale. Merchandise not removed may be removed by Col Glenn Larson, Inc. and stored at the owner's risk and expense. 10. All state and local taxes apply unless purchaser furnishes Col Glenn Larson, Inc with a valid resale or tax exemption certificate at time of purchase. 11. A purchaser's failure to comply with terms of sale shall entitle Col Glenn Larson, Inc. and consignor to use, at their discretion, any and all remedies available at law or in equity without limitation to hold purchaser liable. This may include, but is not limited to the following: A. Cancel the sale and retain as liquidated damages all payments made by the purchaser(s). B. Re-sell the merchandise at a private or public sale for the highest offered price. Purchaser herein agrees to be liable for the difference between the bid price offered by the Purchaser under this bidding contract and the amount received at the private or public sale. In addition, Purchaser shall be liable for any expenses of sale, attorney fees, and court costs. 12. Titles and other proof of ownership documents will be provided by the seller. Transfer of ownership, emission certificates, licensing, and taxes are the responsibility of the new owner. 13. A buyers' fee of_20__% will be charged on all items purchased. 14. Titles and/or proof of ownership documents for items purchased will be mailed to by certified mail to the purchaser on the twentieth (20th) banking day following the sale. On cash transactions only, titles are released to purchaser at the time of sale. Due to liens and titles held in safety deposit boxes, any title may be delayed up to twenty (20) days regardless of method of payment. 15. Vehicles, aircraft, boats and other merchandise may not be fit or suitable for ordinary use and therefore may not be reasonably safe or free of defects. This includes but is not limited to: tires, brakes, steering, motor mounts, front and/or rear drive units, and any modifications to any unit or component. I agree to inspect all items myself and I agree to rely on upon such personal inspection in lieu of any other description or representation which may have been made to me which, in any manner concern the merchandise. 16. Statements made about vehicles, aircraft or other merchandise are made by and are the sole responsibility of the consignor. Neither Col Glenn Larson, Inc. nor any of its representatives or agents is liable for descriptions or representations made by the consignor. Purchaser acknowledges his/her responsibility to pay for any purchases made through Col Glenn Larson, Inc. irrespective of any information furnished by the consignor. 17. By placing a bid on any item, I agree to abide by the terms of sale and conditions listed herein. 18. All parties agree that all transactions will be governed by the laws of The State of Texas. Purchaser agrees to address which it has listed below is the proper address to be used for any services of process. 19. This contract may not be assigned by the purchaser without the written consent of Col Glenn Larson, Inc. It is binding upon the Purchaser, his heirs, representatives, assigns, or successor of whatsoever nature. Time is of the essence herein.

Local Taxes Apply